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Market news

12 August 2021

Upgrades before the market open

American Express (AXP) downgraded to Neutral from Outperform at Daiwa Securities; target $180

Visa (V) downgraded to Neutral from Outperform at Daiwa Securities; target $250

Micron (MU) downgraded to Equal-Weight from Overweight at Morgan Stanley; target $75

United Kingdom: NIESR GDP Estimate, July 3.9%

U.S. weekly jobless claims total 375,000

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